Price of fuel compounded by the rise in food prices have all Americans noticing.There was not a single post of support that I saw on Yahoo yesterday about his “get used to hgher gas prices” and the remark about trading in.Many posted “can we trade the president in?”.
Energy is a major cost component in the production of food. It’s no different than any industrial product. Why does this concept seem so trivial to the idiot? The miles per gallon on your 2003 Ford Taurus versus trading it in for a Chevy Volt have very little to nothing to do with overall energy costs for our economy and it’s total industrial output.
“Trying to defuse the issue, the White House has arranged a slew of speeches and public events to reassure Americans that Obama has a plan for cutting gas prices.”
If I remember correctly, just yesterday in a speech for a Spanish company in Pennsylvania, “Pitching the promise of energy independence, President Barack Obama cautioned Wednesday that it’s going to be tough to transition from America’s oil-dependent economy and acknowledged there’s little he can do to lower gas prices over the short term.”
So was he lying yesterday or is he lying today?